#ScalaReport: Walmart reports the consumer downturn. Chris Riegel, CEO Scala.com #Stratacache.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 17 November 2023
⏱️ 11 minutes
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Summary
#ScalaReport: Walmart reports the consumer downturn. Chris Riegel, CEO Scala.com #Stratacache.
https://www.msn.com/en-us/money/other/walmart-slumps-as-cautious-consumer-spending-outlook-clouds-q3-earnings-beat/ar-AA1k1Hz0
1910 Fort Worth
Transcript
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| 0:00.0 | This is CBS, I am the world. I'm John Bachelor. The Financial Times, London |
| 0:09.2 | reporting on the meeting between President Biden and the General Secretary of the Chinese Communist Party, |
| 0:16.3 | Shee. |
| 0:17.3 | The headline, U.S. Business Elite welcomes Shee withstanding ovation. |
| 0:21.9 | We then go to questions asked by the Distinguished Economist magazine. |
| 0:27.0 | This is London's brainiacs in journalism. |
| 0:31.0 | They are Oxbridgeians or near two. |
| 0:34.0 | They tend to be left of center. |
| 0:35.8 | And so I pay attention to their judgment of summits such as the one we're witnessing now in |
| 0:42.1 | San Francisco because it's presumptive and tends |
| 0:46.0 | to be the way Europe's going to regard these meetings. |
| 0:49.7 | Trade negotiators, writes the economist, had hoped the summit would yield an announcement on the Indo-Pacific economic framework. |
| 0:57.0 | Instead, a decision by the Biden administration to halt discussions on digital trade has frozen an important part of an already limited agreement. |
| 1:06.4 | I welcome Chris Regal, the CEO of scholar.com. |
| 1:09.4 | This is the scholar report. |
| 1:11.6 | scholar.com is a digital. Scholar report, Scholar. |
| 1:13.0 | Scholar. |
| 1:14.0 | Digital mastery of the retail space with digital signage. |
| 1:19.7 | But right now, this is a way of talking about the business environment with China in a declining |
| 1:26.0 | moment and the US looking to be in a expanding moment, a recovery without a recession. |
| 1:33.0 | Chris, a very good evening to you. |
| 1:35.0 | Economist is disappointed that trade is not at the center of this discussion in San Francisco. |
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